by Calculated Danger on 9/20/2024 09:01:00 AM
The U.S. lodge trade reported principally unfavourable year-over-year comparisons, in keeping with CoStar’s newest information by means of 14 September. …
8-14 September 2024 (share change from comparable week in 2023):
• Occupancy: 66.6% (-1.7%)
• Common each day price (ADR): US$162.05 (+0.2%)
• Income per accessible room (RevPAR): US$107.86 (-1.4%)
emphasis added
The next graph reveals the seasonal sample for the lodge occupancy price utilizing the four-week common.
The crimson line is for 2024, blue is the median, and dashed gentle blue is for 2023. Dashed purple is for 2018, the document yr for lodge occupancy.
Notice: Y-axis does not begin at zero to raised present the seasonal change.
The 4-week common of the occupancy price will enhance over the following a number of throughout the fall enterprise journey season.
